Remain long towards 1.175. | 24 Julio 2020
24 Julio 2020, EUR/USD
Wave Analysis
Eurusd is currently in an active up trend, as long as the price remains above the Alligator indicator attached, we expect nothing but a possible momentum to the upper side, the anticipated bullish price rally is the continuation of the impulsive wave (v) to the upper side and should break above 1.16325 towards 1.1785 of even higher. This upward momentum can only be invalidated in case the price breaks and closes below the Alligator indicator attached, if this is the case, then a momentum to the lower side is expected.
Trade Recommendations:
Remain long towards 1.175.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
